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STOCK MARKET UPDATES 06/01/2025



 

*    The Government will give 80% subsidy for EV fast chargers under the Pan M E-Drive scheme. 

*    Auto component companies focus on new markets, and products as growth slows.

*    NHAI prepays 56,000 crore Rs to lenders in FY25 to save 1,200 crore interest. 

*    River targets retail expansion in India with 25 new stores by March 2025. 

*    Caliber Mining files draft IPO papers with Sebi, aims to raise 600 crore Rs. 

*    FMCG makers expect inflation to hit volume growth and operating profit in Q3.

*    OfBusiness plans will invest 3000 crore Rs in the next 3 years to ramp up steel biz. 

*    Auto majors end 2024 with positive sales growth driven by new launches. 

*    Automotive leasing in India to account for 8% of sales in 5-8 years: ORIX. 

*    Sebi disposes of a show-cause notice to Karvy Capital in the AIF violation case. 

*    MSME Pharma units get a breather as the government extends the Schedule M deadline. 

*    Anarock will double the office leasing team to 100 professionals this year amid rising demand for workspaces. 

*    The government will launch another round of PLI schemes for the steel sector on a Monday. 

*    Nayara Energy will expand the retail network by adding a fuel station per day. 

*    The government will frame guidelines on seizing digital and paper records amid privacy concerns. 

*    Tighter anti-spam norms in a month; TRAI pilot soon will onboard past user consents onto the digital system. 

*    NTPC Renewable Energy bags 1,000-MW solar power project. 

*    Punjab & Sind Bank will roll out an instant loan scheme for MSMEs based on GST return. 

*    India International Jewellery Show Signature will generate 30,000-35,000 crore Rs business this year: GJEPC chairman. 

*    Competition Commission of India dismisses complaint against Coal India in e-auction scheme. 

*    Yusen Logistics arm picks up 150,000 square feet of warehouse in Palava near Mumbai. 

*    Jio Star files broadcast tariffs at higher rates. 

*    Zepto will file IPO draft papers by April as it transitions to the marketplace model. 

*    New office space supply falls 6% to 451.5 lakh square feet across top 8 cities in 2024: C&W report. 

*    Foxconn revenues hit 64.72 billion $; beats estimate over high AI server demand. 

*    The Government should lower GST on cement at 18%, and frame policy to boost demand: JK Lakshmi. 

*    FPIs withdraw ₹4,285 crore in 3 trading sessions amid high valuations. 

*    Indian Bank Q3 update: Total business up 8.3% at ₹12.6 lakh crore. 

*    Tata Motors overtakes Maruti Suzuki to top India’s car sales in 2024. 

*    Uttarakhand government has bought over 3,100 metric tonnes of mandua at an MSP of ₹4,200/quintal for FY25. 

*    Startups no longer need yearly allocation, not many lost unicorn status: Goyal. 

*    Vedanta Q3 Zinc India production drops 2% YoY; aluminium production rises 3%. 

*    Kirloskar Oil Engines filed an appeal before SAT challenging the SEBI order.     

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